June 2026

Church-Backed Affordable Apartment Complex Breaks Ground In Garfield Park

Builders slow starts in May to rebalance pricing and incentives

The real story in today’s Monthly New Residential Construction release from the Census Bureau isn’t a collapse in construction. It’s a production strategy that took shape months ago. Headlines – and their…

Texcel Expands Western U.S. Coverage with Nevada Distribution Center

DTLA’s Bank of America Plaza Trades for $210M in Receivership Sale

Colliers on Tuesday announced the sale of 333 S. Hope St., a/k/a Bank of America Plaza, in Downtown Los Angeles. The 1.4- million-square-foot office tower traded through a receivership sale, with fee-simple title deli…

LaSalle Acquires Student Housing Complex Near Michigan State University

LaSalle Investment Management has acquired Red Cedar Flats, a 190-unit, 436-bed purpose-built student housing community located within walking distance to Michigan State University in East Lansing, Michigan. LaSalle a…

Industrial real estate owner pulls zoning request an hour before meeting

Hawkins Way JV Grows NYC Student Housing Portfolio with Upper West Side Sale-Leaseback

A joint venture of Hawkins Way Capital and Varde Partners has acquired 117 W. 70th St, a 382-unit student housing property located on Manhattan’s Upper West Side. The $8- million acquisition marks a strategic ad…

City National Bank of Florida Provides $33M Refi on Fort Lauderdale Hotel

Developer Tom Assouline has sealed a $33 million loan to refinance a hotel property in Fort Lauderdale, Fla., Commercial Observer has learned. City National Bank of Florida supplied the two-year loan for the Garden Ho…

Bradford Allen Closes 60K-SF Office Lease in Lincolnshire

Bradford Allen has executed a 60,000-square-foot lease with office supply retailer Quill at 300 Tri State International Drive in Lincolnshire, Illinois. The office is within Tri State Lincolnshire, a five-building, 56…

Sidley Austin Set To Anchor New 1M SF Related Midwest Office Tower

Impression Isla Mujeres by Secrets Recognized as AAA Diamonds Top 10 Hotel

QUINTANA ROO, Mexico, June 16, 2026 /PRNewswire/ -- Impression Isla Mujeres by Secrets, an ultra-luxury, adults-only resort within the Hyatt Inclusive Collection, is honored to be named a AAA Diamonds Top 10 hotel. Th…

Multifamily starts plummet in May

Although the multifamily segment had the strongest construction performance in April, it had the weakest showing in May, per the latest report from HUD and the U.S. Census Bureau.

Multifamily starts plummeted in May

Although the multifamily segment had the strongest construction performance in April, it had the weakest showing in May, per the latest report from HUD and the U.S. Census Bureau.

Investor in Postal Real Estate Scores Off-Market Deal in San Diego

Amid an investment climate that has many commercial real estate investors looking for stabilized assets, JLL announced that Postal Realty Holdings LLC has acquired a 32,764-square-foot building leased to United States…

Bainbridge taps legal chief as new president

The Florida multifamily real estate firm promoted company veteran Brian Doppelt to help shape its next phase of growth across its operating and investment platforms.

Brainbridge taps legal chief as new president

The Florida multifamily real estate firm promoted company veteran Brian Doppelt to help shape its next phase of growth across its operating and investment platforms.

Coke Florida Celebrates Grand Opening of New Orlando Distribution Center

Fairfax County Economic Development Authority Names George Thomas as President, CEO

The Fairfax County Economic Development Authority Commission (FCEDA) has named George D. Thomas its next president and CEO. Thomas, an economic development executive and technology strategist, brings over 25 years of…

News | Private investor buys Seattle-area apartment complex for $5.4 million

Amazon to build massive New Kent distribution center

JV Obtains Construction Loan for East Brunswick Assisted Living/Memory Care Project

JLL Capital Markets arranged $35.1 million in construction financing for Benchmark at East Brunswick, an 87-unit / 100-bed assisted living and memory care community planned for East Brunswick, NJ. The financing was ar…

News | North Carolina office tower hits market as investor demand rebounds

Starwood Property Trust Announces $0.48 Per Share Dividend for Second Quarter 2026

MIAMI BEACH, Fla., June 16, 2026 /PRNewswire/ -- Starwood Property Trust, Inc. (NYSE: STWD) ("the Company") today announced that the Company's Board of Directors has declared a dividend of $0.48 per share of common st…

Coldwell Banker Professional Group Launches Oregon Division

Coldwell Banker Professional Group (CBPG) , an affiliate of the Coldwell Banker Commercial network, announced the launch of Coldwell Banker Commercial Professional Group (CBCPG), a dedicated commercial real estate div…

The Community Builders Appoints Two to Key Leadership Roles

The Community Builders (TCB) has appointed Morgan Wilson as chief of systems and strategy, a newly created role, and Alexa Ducote to succeed Wilson as CFO. Both leaders will report to president and CEO Bart Mitchell.…

3650 Capital Provides $42M Refi for U.S. Self-Storage Portfolio

An affiliate of Inland Real Estate Group has secured a $42 million senior loan to refinance a U.S. portfolio of nearly 4,000 self-storage units spanning more than 400,000 square feet that are currently operated by Dev…

VIDEO: Greg Konrady speaks against apartment complex in Clear Lake's Surf District

FHFA pushes for direct power to sue for mortgage fraud

The Federal Housing Finance Agency (FHFA) and Director Bill Pulte are asking Congress for the power to bring civil lawsuits against individuals suspected of mortgage fraud . In its newest Annual Report to Congress, re…

Dan Parker of Compass: 5 Questions

The job of a development executive at a major brokerage is more all-encompassing than many people realize. This is the main message taken from a conversation with Dan Parker, co-head of new development for Compass Dev…

Go Beyond the Match and Experience Miami Beach During the World Cup This Summer

Watch parties, immersive scavenger hunts and family-friendly events pair perfectly with specialty hotel offers designed to welcome soccer fans from around the world MIAMI BEACH, Fla., June 16, 2026 /PRNewswire/ -- As…

Scioto Properties Unveils Redesigned Brand Identity

COLUMBUS, Ohio, June 16, 2026 /PRNewswire/ -- Scioto Properties announced a redesigned brand identity reflecting the company's continued growth and its long-term commitment to serving home and community-based healthca…

Gotham Organization Plans for Next Phase of Affordable Housing in East New York

Looks like Brooklyn’s affordable housing supply is growing. New York City-based developer the Gotham Organization has filed plans to begin construction on the second phase of its major affordable housing project known…

Levin Johnston Finalizes 1031 Exchange for Livermore Apartments

The Levin Johnston team of Marcus & Millichap has helped a private investor complete a 1031 exchange involving two apartment communities in the East Bay city of Livermore. The team closed the $5.625-million sale of Pa…

IZO Capital Closes $47M Loan for Multifamily Development in Seattle

IZO Capital recently closed a $47 million stretch senior construction loan for Roosevelt Manor, a 137-unit Class A mixed-use multifamily development in Seattle’s Roosevelt neighborhood, located just steps from t…

New shopping center planned for north Alabama city

Pinpoint, Senterra's 180 acres of industrial development off western Grand Parkway take shape

Aerospace Company Ontic Signs 100K-SF Industrial Lease in South Florida

Aerospace company Ontic has signed a major industrial lease in Weston, Fla., Commercial Observer has learned. The original equipment manufacturer (OEM) for companies like Boeing agreed to a long-term, 100,000-square-f…

News | Construction starts on Publix-anchored shopping center near Atlanta

Backlog hit highest level since 2023, but confidence fell

Contractors with data center awards reported stronger pipelines in May than those without those projects, said Anirban Basu, ABC chief economist.

May backlog hit highest level since 2023, but confidence fell

Contractors with data center awards reported stronger pipelines than those without those projects, said Anirban Basu, ABC chief economist.

CoStar amicus brief denied in Zillow MRED Compass case

CoStar ’s attempt to enter the ongoing legal battle among Zillow , Midwest Real Estate Data (MRED) and Compass International Holdings has been denied. In a ruling on Tuesday, Illinois-based federal judge John Tharp de…

Huntington Bank Signs Lease Expansion at Chicago Office Tower

Tishman Speyer announced a 10-year, 23,223-square-foot lease expansion with Huntington Bank, expanding its footprint to approximately 60,900 square feet at 222 N. LaSalle Street, a 26-story building in downtown Chicag…

Annual Construction Cost Hikes Reach Pandemic-Era Rates as Iran War Winds Down

The U.S. and Iran have struck a preliminary deal to end the war, but the conflict has left a painful impression on the U.S. construction industry. Analyses of recent government data released last week by Associated Bu…

Norwood Apartments Secure Construction Financing from Beacon Bank

Colliers arranged $44.5 million in construction financing for 259 Lenox St., a 145-unit multifamily development in Norwood, MA. A Colliers Capital Markets team led by Patrick Boyle, Matt Lombardi Jr., and Rose Liu arr…

Developers shift to commercial property as State dominates housing

Podcast | Can AI Help Developers Break Ground Faster ft. Pulley COO Andreas Rotenberg

Andreas Rotenberg is Co-founder and COO of Pulley , an AI-powered permitting platform helping developers, operators and commercial teams move projects through approvals faster. Before Pulley , he was part of the team…

'Huge leap forward': Holland & Knight opens new downtown office in trailblazing tower

Law Firm McDermott Leases 7 Floors at BXP’s New 343 Madison Ave.

BXP said Tuesday that law firm McDermott Will & Schulte has signed a lease for approximately 150,000 square feet at 343 Madison Ave. The firm will occupy floors 31 through 37 of the 930,000-square-foot office tower, c…

Social Security funding gap widens in 2026 trustees report

Social Security’s long-term financial outlook deteriorated significantly in the latest annual report from the program’s trustees, with officials projecting a larger funding shortfall and an earlier depleti…

Insights from Connect Midwest 2026: Market Strengths and Industry Trends (VIDEO)

“I’d like to see developers and architects thinking less product-focused and less supplier-focused, and more solutions-focused,” said Danny Dulkin, President of Consulting & Development at LIVunLtd . At the rece…